American Spirt AeroSystems is on the verge of the transaction, and the announcement of the sale may appear today....
Europe
Eurofer expects demand for steel in the EU by 3.1% and sees no bottom
in the second quarter of 2019 the problems faced by the steel sector of the EU, have become more serious, with even more negative consequences for...
The Gupta family comes out of the shadows: announced the creation of a new metallurgical Corporation
GFG Alliance, the parent company of the Gupta family, will unite the assets acquired over the last 5 years, in a mega-Corporation with an annual...
British ministers want to put an end to the murky history with British Steel
UK ministers are set to begin talks with the steel industry next week amid fears over thousands of jobs in the sector....
The European Commission does not have time to collect the full composition of the commissioners until November
The European Commission has 3 vacancies and one more in a "suspended state" because of Brexit....
British Steel tries to sell to Turks with the help of a dubious consultant
City Sales Representative Jan Hannam, was fined £ 450,000 in 2012 for market abuse. It was he who advised potential Turkish buyers....
Truck with 39 corpses found in British Essex, mass murder suspect arrested
A truck with 39 corpses was found in British Essex, the police report the arrest of a man suspected of involvement in the crime....
Retail prices for petroleum products in the European Union continued to fall
In the European Union, retail prices for gasoline and diesel fuel continue to fall by 0.5 - 3% per week....
Profit of the Swedish SSAB was three times lower than analysts' expectations
Quarterly profit of the largest producer of stainless and special steel in Europe fell 9 times due to weak demand and low prices....
Schmolz + Bickenbach announces crisis in the steel market
Uncertainty in the most important end markets, such as the automotive industry, which transcends the usual cyclicality, has led to a crisis in the...
European steel buyers expect further price reductions
British think tank MEPS has published a new forecast for the EU steel market for the first time in many months. And this forecast cannot be called...
Young Germans dream of working in the automotive industry
In 2019, the first places in the ranking of the most popular employers among those who graduated and work in Germany are occupied by the automakers...
American tanks Abrams and BMP Bradley appeared on the border with Belarus
Lithuania said that this is a message from Russia that the United States is involved in its containment....
Liberty Steel wants to catch a fish in a murky story with British Steel
Billionaire Sanjeev Gupta has resumed talks with the British government over a takeover of British Steel amid growing concerns over the prospect of...
ArcelorMittal may stop the largest metallurgical enterprise in the European Union
Italy's governing coalition has decided to waive the legal guarantee it previously provided to the ArcelorMittal steel mill in Taranto....
The muddy story with the sale of British Steel to the Turks may end in a complete fiasco
The Turkish military pension fund may refuse to buy the bankrupt British metallurgical company, as some of its transactions for the supply of...
German Transport Minister Says Hydrogen Powered Future
The German Federal Ministry of Transport has allocated an additional 23.5 million euros for hydrogen mobility projects....
New US duties against European goods began on Friday
On October 18, the United States began to impose additional 10 percent duties on European aircraft and 25 percent on a number of agricultural and...
Air Liquide and ArcelorMittal presented a pilot project to extract biofuels from emissions
Companies strive to push the boundaries of innovation to reduce the carbon footprint of the metals industry and develop technology solutions to...
Sale of British Steel to Turkish military fund worries British unions
In the light of recent events and hysteria in the British media about the "atrocities" of Turkish troops in Syria, there were statements...
UK may nationalize largest rail operator
The government is considering whether to take over the management of the largest rail service in the north of England....
Prices for gasoline and diesel fuel fall in Europe
Retail prices for petroleum products fell in early October in the EU member states....
ArcelorMittal Italian division replaces CEO
Lucia Morselli, Italy's most influential businesswoman, has been named the new Chairman and CEO of ArcelorMittal Italia....
European Commission imposed anti-dumping duties on Chinese steel wheels
According to the European Commission, dumping imports of steel road wheels from Chinese manufacturers have caused "significant material...
European Commission threatens China with new duties on stainless steel
Brussels suspects China and Indonesia of dumping hot rolled stainless steel on the European market....
British metallurgists demand cheap electricity
Or at least for the same price as in continental Europe....
Liberty Steel CEO writes letter to Financial Times
The top manager was upset by the publication of this publication dedicated to the latest acquisitions of Liberty Steel under the title "How...
Europe will need new sources of electricity to produce green steel
Combustion of hydrogen could replace coal and coke in metallurgical plants, which currently produce about 1.7 tons of carbon dioxide for every ton...
European steel prices fail to recover from summer break
Despite the cutbacks in production at large factories, customers do not experience significant supply constraints, although delivery times have...
ArcelorMittal holds record for falling quotes in the French stock index
Bad news from US Steel affected the sentiment of European investors, who doubted the sustainability of the largest steel company on the continent....
